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New car inventories are rising as supply begins to catch up with demand, which has been hampered by increasing interest rates affecting consumer buying power.

Banks and transportation lead off third-quarter earnings reports with Bank of America, Goldman Sachs and Traveler's scheduled to report.

Stolen cars and other vehicles in Detroit, Michigan, are reportedly being sold across the country for tens of thousands of dollars less than their actual value.

General Motors is idling the Bowling Green, Kentucky, factory that builds the Chevrolet Corvette next week due to an unspecified parts supply issue.

Data-sharing devices in homes and cars could help consumers save money on their insurance but many refuse to install them, a recent survey said.

Japanese automaker Honda will manufacture the vehicle at one of its North American factories, while technology company Sony will develop the software system and sensors.

The Automobili Pininfarina Battista is the most powerful and quickest production car in the world and on sale now at prices starting at $2.2 million.

The Chinese-built Xpeng X2 lifted off from Skydive Dubai on Tuesday in what the company said was the first global public flight of the electric "flying car."

The Federal Trade Commission is looking into allegations related to ride-share company Uber's soon-to-end rewards program, the New York Post reported Tuesday.

Honda Motor Co. and LG Energy Solution announced on Tuesday that the two companies will build a new $4.4 billion battery plant in Fayette County, Ohio.

Nissan sold all of its assets in Russia to the state for 1 Euro on Tuesday. The company is only the latest to flee amid increasingly severe sanctions in Russia.

Amazon, in order to stay on track to meet it's Climate Pledge, will work with Rivian to triple it's fleet of electric delivery vans in Europe by 2025.

Tesla's factory in Shanghai recorded its largest-ever output, but so did its rival BYD. BYD produced nearly 95,000 electric vehicles while Tesla produced 83,000.

The Foxtron Model B is a compact electric hatchback that will be built at the Lordstown, Ohio, factory owned by iPhone maker Foxconn starting in 2024.

Traders will be keeping a close eye on market conditions Monday as gas prices rise, Tyson Foods flees Chicago and Rivian Automotive recalls nearly all its vehicles.

The electric vehicle manufacturer Rivian has announced a massive recall of 13,000 of its vehicles due to a safety problem.